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Traditional IRAs

  • Tax-deferred savings
  • Required minimum distributions after 70½ years of age
  • Contributions allowed up to 70½ years of age

Roth IRAs

  • Qualified distributions may be tax-free
  • No required minimum distributions
  • Contributions of Earned Income allowed after 70 ½ years of age


Coverdell Educational Savings Account (ESA)

A Coverdell Educational Savings Account (ESA) provides individuals a way to save for qualified educational expenses of the designated beneficiary of the account.

  • Designated beneficiary may receive tax-free distributions
  • Contributions can be made until child reaches 18-years of age
  • Age limit for contributions does not apply to special needs beneficiaries
  • Funds may be rolled over to other qualified family members


All IRAs

  • Fully insured with FDIC and DIF insurance
  • Free online banking (for balance inquiries)
  • Choose from Savings Accounts or multiple Certificate of Deposit terms
  • Choose from a statement or passbook account